Indian 10-year bond yields betray 7 pct mark first time in six years on RBI easing hopes

Sep 26, 2016 08:28 am UTC| Commentary

The Indian 10-year bond yields fell below 7 percent mark Monday for the first time in nearly six years as investors speculate that the Reserve Bank of India (RBI) will lower its key interest rate in its October 4 monetary...

Turkey pushed to junk by Moody’s but Erdogan remains defiant

Sep 26, 2016 07:41 am UTC| Commentary

TheRatingagency Moodys has cut Turkeys long-term issuer and senior unsecured bond ratings by one notch to Ba1 with a stable outlook on Friday, which means the country is basically junk rated. Majorly, two decisions were...

FX Hedging Strategy Series

FxWirePro: Central banks activities, geopolitical risks and multi-month low vols suggest EUR/USD FVA hedge

Sep 26, 2016 07:13 am UTC| Central Banks Commentary

As the Fed maintained status quo at the conclusion of its monetary policy meeting on Wednesdaybut hinted that a hike could come in December if the job market continued to improve, the key benchmark US treasury yields moved...

Singapore’s industrial production edges higher in August, stays below market consensus

Sep 26, 2016 07:06 am UTC| Commentary Economy

Industrial production in Singapore edged higher during the month of August, remaining well below what markets had initially anticipated, as a decline in marine and offshore engineering output, coupled with a fall in...

S&P issues warnings on Chinese banks

Sep 26, 2016 07:02 am UTC| Commentary Economy

Liao Qiang, Beijing-based senior director for financial institution ratings at SP Global Ratings said that the contagion risks at Chinese banking sector are definitely rising. He said, The pace of the development is...

Japanese bonds nearly flat in thin trade, all eyes on OPEC meeting

Sep 26, 2016 06:41 am UTC| Commentary

The Japanese government bonds traded nearly flat Monday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. Also, investors hold their positions ahead of the...

Taiwan’s central bank likely to slash rates on Thursday, to stay pat in December

Sep 26, 2016 06:26 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) (CBC) is expected to slash its discount rate at the monetary policy meeting scheduled to be held on Sep 29, 2016. However, it is seen to hold fire at the next policy meet...